Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$437,652$437,652$557,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$120,258$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%4.799%7.560%
1st payment$2,077.60$2,077.60$3,832.45
2nd payment$0.00$801.72$0.00
Taxes / mo$516.58$516.58$516.58
Insurance / mo$166.67$166.67$166.67
MI / mo$345.95$345.95$111.58
HOA / mo$480.00$480.00$480.00
Total monthly$3,586.80$4,388.52$5,107.29
Cash to close$182,248$61,990$61,990